Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > IS SGY REAL SHARE VALUE ONLY $1.19

<< Previous

Bullboard Posts

Next >>

Comment by Maxmoeon Apr 20, 2021 11:40am

138 Views

Post# 33029250

RE:RE:IS SGY REAL SHARE VALUE ONLY $1.19

Another new username to add to the clown bus full on ignore

StarGreenElk wrote:

ariesleaf wrote: Wow I hope we get more.

was it not Kherson who said a buyout of $2.50 to $3.00 was just around the corner ? He has been predicting this giant buyout for 3 years. Just saying.... At a $2.50 offer that would get him to a break even at least.